What legal entity do I need?

In order to benefit from the EU passporting regime, and to avoid bringing any non UK entity into the UK tax net, a UK body corporate is generally recommended. This can take two forms:

Private limited company
Limited liability partnership

Hirett can provide further information on the merits of either vehicle upon request. Many firms are set up as LLPs due to the more flexible nature of the vehicle compared to a limited company and the self-employed tax status available to its key principals.